Covid-19 Impact & Market Status
The markets across the world including the global datacentre infrastructure service market was impacted due to the pandemic led economic disruption, business closures, and a sudden halt to operations in all the industries. The pandemic have had manifold economic consequences on the global datacentre infrastructure service market. Despite the downturn, the datacentre infrastructure service providers have seen high demand primarily due to shift of maximum IT sector to remote working models. At the same time, the global datacentre infrastructure service market has experienced growth due to increased company awareness of the benefits of datacentre infrastructure services. Moreover, as datacentre infrastructure services enable more secure and robust IT environments and setup of local data centers the demand has increased.
This report delves in the global datacentre infrastructure service market studying the key segments, regions, sub-regions, and other key attributes of the global datacentre infrastructure service market. The report also focuses on the key issues and challenges that are limiting the growth of market players as well as the overall datacentre infrastructure service market.
Hardware Segment To Witness Major Demand for Datacenter Infrastructure Services
The hardware segment of datacenter infrastructure services is leading the global datacentre infrastructure service market in revenue share and is predicted to remain at the top of the market during the forecast years because of the increasing need for cooling equipment that ensures the safety of IT components from overheating. In order to provide the best cooling for IT infrastructures, players are concentrating on offering cutting-edge liquid cooling solutions.
Small And Medium Enterprises Segment To Lead The Market
The small and medium enterprises segment is the foremost application for the datacenter infrastructure services which is leading the global datacentre infrastructure service market in revenue share and is predicted to remain at the top of the market during the forecast years as the demand for high-quality IT infrastructure that can meet changing end-use requirements has risen rapidly in recent years. Compact IT components are in more demand as space-saving and high-performance micro & modular infrastructures become more prevalent. The global hardware market is expanding due to the increasing need for cooling equipment that ensures the safety of IT components from overheating. In order to provide the best cooling for IT infrastructures, players are concentrating on offering cutting-edge liquid cooling solutions.
North America To Is Witnessing Rapid Growth And Uptake Of Datacentre Infrastructure Services
North America will remain atop the global datacentre infrastructure service market in revenue share and is predicted to remain at the top of the market during the forecast years because due to the demand for additional data centre infrastructures in the area is being driven by the increase of mobile broadband, cloud computing, and big data analytics. Additionally, the growing popularity of cloud computing among organisations in North America as a result of falling server prices is anticipated to enhance demand for DCIM throughout the projection period.
Cloud computing is gaining more and more importance as its new aspects are been explored for the last decade. Individuals, research organisations, enterprises, large industries are becoming increasingly dependent on datacentre infrastructure services.
Datacentre infrastructure includes the physical components contained in a data center environment. The datacentre infrastructure services provide secure and agile servers. Moreover, storage services, networking, management services are also provided. It provides administrators with a holistic view of performance of the data center. This allows the equipment, energy, and space to use efficiently.
Data centres are becoming a crucial and essential component of the infrastructure of many networks and enterprises. It plays a significant role in many organisations' critical strategies. Data centre infrastructure is being adopted by managed service providers and cloud-based developers because they need a variety of connectivity alternatives. The core physical/hardware that makes up a data centre, including all of the IT infrastructure tools, gadgets, and technologies, is provided by data centre infrastructure (DCI). Servers, computers, security measures like firewalls or biometric security systems, and storage systems like storage area networks are all part of the infrastructure of a data centre.
Along with data centre management software programmes, it also comprises networking hardware like routers and switches. Security is another feature of data centre infrastructure that safeguards both business and data. The use of software defined infrastructure and workload optimization technologies aids in the facilitation of agile application development and IT operations.
The global datacentre infrastructure service market is on the rise due to healthy competition and high demand, and it is predicted to grow from USD 3124.54 million in 2021 to USD 9346.78 million in 2029 at a CAGR of 25.9 percent during the forecasted years.
The demand for high-quality IT infrastructure that can meet changing end-use requirements has increased as a result of the rising popularity of cloud, mini, modular, and edge data centres. Compact IT components are in more demand as space-saving and high-performance micro & modular infrastructures become more prevalent. The global hardware market is expanding due to the increasing need for cooling equipment that ensures the safety of IT components from overheating. In order to provide the best cooling for IT infrastructures, players are concentrating on offering cutting-edge liquid cooling solutions.
The key factors such as shift of most if the IT industrial operations to remote working models, work from home, increased awareness among organisations the datacentre infrastructure service provides, increasing pressure of securing the IT environments is driving the global datacentre infrastructure service market.
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The global datacentre infrastructure service market is rising rapidly and there is healthy competition among the top players like IBM Corporation, Schneider Electric SE, Eaton Corporation, Cisco Systems, HP, ClimateWorx International, Mitsubishi Electric Corporation, Black Box Corporation, Degree Controls, ABB, Hewlett Packard Enterprise Company, Huawei Technologies, Panduit Corporation, Toshiba Corporation, Dell, and Vertiv Group among others.
Latest Innovations in the Global Datacenter Infrastructure Services Market: A Snapshot
- In July 2020, CBRE and IBM agreed to collaborate on a Smart Maintenance service. In a few data centres, IBM's Watson will provide support for CBRE's clients. The arrangement enables CBRE to provide clients with Smart Maintenance, an additional service to its current DCIM and maintenance service offerings.
Datacenter Infrastructure Services Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2029 |
| Study Period | 2018-2029 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2029 | USD 9346.78 million |
| Growth Rate | CAGR of 25.9 % during 2021-2029 |
| Segment Covered | Component Type, Organizational, Regions |
| Regions Covered | North America, Europe, Asia Pacific, Middle East and Africa, South America |
| Key Players Profiled | IBM Corporation, Schneider Electric SE, Eaton Corporation, Cisco Systems, HP, ClimateWorx International, Mitsubishi Electric Corporation, Black Box Corporation, Degree Controls, ABB, Hewlett Packard Enterprise Company, Huawei Technologies, Panduit Corporation, Toshiba Corporation, Dell, and Vertiv Group among others. |
Key Segments of the Global Datacenter Infrastructure Services Market
Component Type Overview, 2019-2029 (USD Million)
- Hardware
- Software
- Services
Organizational Size Overview, 2019-2029 (USD Million)
- Small & Medium Enterprise
- Large Enterprises
Regional Overview, 2019-2029 (USD Million)
North America
- U.S
- Canada
Europe
- Germany
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
South America
- Mexico
- Brazil
- Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The market value of datacenter infrastructure services market in 2029 was USD 9346.78 million.
The datacenter infrastructure services market is growing at a CAGR of 25.9% over the forecast period.
North America dominated the market for datacenter infrastructure services market and accounted for the largest revenue share.
The top companies that hold the market share in datacenter infrastructure services market are IBM Corporation, Schneider Electric SE, Eaton Corporation, Cisco Systems, HP, ClimateWorx International, Mitsubishi Electric Corporation, Black Box Corporation, Degree Controls, ABB, Hewlett Packard Enterprise Company & among others.
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